26 December 2018
– The Global Digital
Oilfield Market is building association between several
processes in the gas & oil. This permits improved monitoring, control and
surveillance over the developments in oil production & exploration. Global
DOF market is estimated to grow at a significant CAGR over the forecast period.
In the process, manufacture optimization is anticipated to lead the market over
the forecast period driven by the demand from oilfield operators targeting low
rate crude production. The digital oilfield solutions maintain the Exploration
& Production actions of a corporation, providing optimal reservoir
management. A classic oil rig produces about 1 Terabyte of data each day and
digital oilfield solutions allow a real time monitoring and rapid analysis of
Exploration & Production data, resulting fast decision making.
The purpose of the digital oilfield is to maximize oilfield
recovery, eradicate non-productive time, and raise profitability through the
plan and deployment of combined workflows. Digital oilfield workflows syndicate
business process management with engineering expertise and advanced information
technology to streamline and, in several cases, computerize the accomplishment
of tasks executed by cross-functional teams.
Request Sample Copy
of This Report @ https://www.millioninsights.com/industry-reports/digital-oilfield-dof-market/request-sample
The global digital oilfield market can be segmented into
process and services. On the basis of process it can be classified as drilling
optimization, reservoir optimization, and production optimization. Services can
further be segmented into instrumentation & automation and IT expenditure,
services can be classified as SCADA, Smart Well, Safety Systems, PLC, CPM, and
Distribution Control System. However, on the basis of IT expenditure it can be
classified as Software, IT outsourcing, IT services and commissioning and
computer equipment.
The key market players in global digital oilfield market
includes Baker Hughes Inc., Schlumberger Ltd., Honeywell International,
Halliburton Company, Paradigm Limited, Pason Systems Inc., Petrolink Services
Inc.,Pointcross Inc., Kongsberg GruppenAsa, National Oilwell Varco, Inc., and
Oleumtech Corporation Digital oilfield market valuation for several segments
was attained by using provincial rig data, digital oilfield operations in
several geographies and systematic investments of service providers and
operators. Finally, the global standards were attained by alliance of markets
for separate regions. Industry specialists were also communicated for
validating the key discoveries of the report, in order to analyze the market
appropriately. The distinct responses and the lookouts were carefully examined
and merged in the report. The market numbers are also authenticated by
bottom-up and top-down valuation approaches. In bottom up approach separate
regional markets are added to get the final parent market, while on the other
hand, in top-down approach, segmental and regional markets are derived from the
parent market seeing the part of the segments.
View Full Report with
TOC @ https://www.millioninsights.com/industry-reports/digital-oilfield-dof-market
Market Segment:
Market segment by
Regions/Countries, this report covers
• United States
• EU
• Japan
• China
• India
• Southeast Asia
Market segment by
Type, the product can be split into
• Instrumentation & Automation
• IT Services
• Other
Market segment by
Application, Digital Oilfield can be split into
• Drilling Optimization
• Production Optimization
• Reservoir Optimization
• Other
No comments:
Post a Comment